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Messages - MakeItRain

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1
The New Joe Montgomery Birther Pit / Re: mexican politics
« on: Today at 11:29:13 AM »
i don't think allowing recreational opioid use, for example, is a very good idea.  injecting more legal, highly addictive and dangerous substances into society seems like maybe not a great plan, even if we do provide programs that allow addicts to get help if they want it.

You're being far too diplomatic. For a plan for legalized opioids to work, this would assume that opioid addicts are clear thinking, rational, and not at all driven by impulsivity. Addicts will still avoid rehab, no matter how readily available it could become. Addicts will still do rash things to get a fix, whether that's stealing, or harming others. Legalization of the drugs do nothing to lessen the effects of the drugs om the mind, body, loved ones, and just regular ol' citizens.

2
End, endless wars.

End up right back there because we didn't accomplish what the goal was.

I am torn. I get the people part of this. However, I don’t see a way we can accomplish any goal.  It seems like trying to create a void in water. How do we accomplish anything?  I don’t think you can effectively fight religion. Maybe it’s lazy, but we may need to consider that we can’t and that those who don’t want to live under that need to take a refugee way out.  We’ve been at war for longer than my high schoolers have been alive. We have spent enough to have solved some major problems around here with that money. We need to stop.
This is generally my thought. It sucks because we know how much the people are suffering, but at this point we also have a pretty damn good idea that short of annexing the country we’re not going to do any good with our military.

I’d oppose going back in, but I could be persuaded if the plan was to do so with a true global coalition that includes US troops but is not US led (maybe UN or NATO).

What about the potential risk to our national security by allowing the Taliban to regain a stronghold? We did not accomplish what we intended when we went into that country, unless the sole stated goal was to kill Bin Laden. This was will be a failure because of poor leadership at the start and throughout. The war in Afghanistan is our first failed war due to political partisanship. We diluted the war with Operation Iraqi Freedom, then the war spent three different administrations kicked around as a political football.

3
The New Joe Montgomery Birther Pit / Re: tax poll
« on: Today at 10:29:08 AM »
Taxing unrealized gains seems really non material in the sense I'm not sure what is happening.

i don't follow.

Unrealized gains implies you have not consumed or altered your lifestyle due to the wealth (what other people value in what you own). So in a sense it doesn't exist to you yet obviously it allows a lot to happen.

For most people yes. However, some get credit extended based on unrealized gains, that's very tangible.
Do those credit extensions based on unrealized gains get taxed?  Probably a dumb question and probably “no” - but it seems like that loophole ought to be shut.

A definitive NO

4
Weird to see people walking outside with no one within hundreds of feet, yet still wearing masks.

Just a wild shot in the dark here, but I'm guessing these people are anticipating not remaining "hundreds of feet" away from other people. I also wonder, in an urban/suburban setting just how frequently one would see someone else "hundreds of feet" away from someone else. Would generally take some binocs or generally being creepy, no?

5
I don’t really understand why these articles compare the taxes some rich guy paid to his net worth given that we don’t tax net worth.  I understand why the writers of the articles do it, but they are intentionally misleading.

Did you read part of it and take this away or did you just assume the premise of the article because that's not at all what they did. The point of the article is specifically the ways 25 specific people avoid paying taxes. Net worth is only used as a starting point because whomever leaked these documents used these people.

I'm sure ProPublica would have no problem reporting the tax rate on the top 25 reported incomes in America if they had that data, but that defeats the purpose given reported income is just income people are willing to claim for tax purposes or in the case of most Americans income they cannot legally hide for tax purposes.
I just read the quotes you selected and posted, but I think I’ve read a half-dozen articles with a similar premise in the last couple years.

The “true tax rate” cited in your first quote is specifically nonsense.

I'm certain you have never read an article written by an entity with the tax returns in hand for the 25 richest Americans, but whatever.

6
The New Joe Montgomery Birther Pit / Re: The Biden (interim) Dictator
« on: June 21, 2021, 11:28:42 PM »
End, endless wars.

End up right back there because we didn't accomplish what the goal was.

7
The New Joe Montgomery Birther Pit / Re: tax poll
« on: June 21, 2021, 11:27:22 PM »
Taxing unrealized gains seems really non material in the sense I'm not sure what is happening.

i don't follow.

Unrealized gains implies you have not consumed or altered your lifestyle due to the wealth (what other people value in what you own). So in a sense it doesn't exist to you yet obviously it allows a lot to happen.

For most people yes. However, some get credit extended based on unrealized gains, that's very tangible.

8
Essentially Flyertalk / Re: Kc restaurant suggestions
« on: June 21, 2021, 11:24:49 PM »
Any place serving deli sliced brisket is doing so to hide the fact that they are buying cheap brisket and cooking it to a certain temp rather than cooking to tenderness.

Slaps, q39, chef j, are doing it the right way


Sent from my iPhone using Tapatalk
pretty much, joe's kc cuts theirs too thin too.  thin cut hides the fact that it's not tender

I probably agree, but i'm in the brisket minority for sure. I love Joes regular beef brisket sandwich and don't care much for the thick fatty slices that are "traditional" smoked brisket.
The thick stuff doesn't make for a great sandwich, for sure.

Sent from my SM-G975U using Tapatalk

Sure it does, you just have to cut it in triangles
I can't tell of this is a pro tip or if I'm being made fun of.  Good post either way.

Sent from my SM-G975U using Tapatalk

Not, gE'ing

Sounds like you guys don’t really like brisket


Sent from my iPhone using Tapatalk

It's okay, prefer pork

9
Other Sports (Tiger's Back) / Re: Official NBA Thread
« on: June 21, 2021, 11:21:47 PM »
Too much trash in the Suns crowd now.

It's really odd, even suns in 4 guy gives me conflicting feelings.

Go Bucks.
my Linkedin stalking suggests he is a pretty typical CU trustifarian so the conflict is real (at least for me)

Heard him on barstool and he's a massive tool, the dude he gave the beats to was an even bigger tool.

10
Essentially Flyertalk / Re: Kc restaurant suggestions
« on: June 21, 2021, 05:21:49 PM »
Any place serving deli sliced brisket is doing so to hide the fact that they are buying cheap brisket and cooking it to a certain temp rather than cooking to tenderness.

Slaps, q39, chef j, are doing it the right way


Sent from my iPhone using Tapatalk
pretty much, joe's kc cuts theirs too thin too.  thin cut hides the fact that it's not tender

I probably agree, but i'm in the brisket minority for sure. I love Joes regular beef brisket sandwich and don't care much for the thick fatty slices that are "traditional" smoked brisket.
The thick stuff doesn't make for a great sandwich, for sure.

Sent from my SM-G975U using Tapatalk

Sure it does, you just have to cut it in triangles

11
Other Sports (Tiger's Back) / Re: Official NBA Thread
« on: June 21, 2021, 05:19:45 PM »
Too much trash in the Suns crowd now.

It's really odd, even suns in 4 guy gives me conflicting feelings.

Go Bucks.

12
Other Sports (Tiger's Back) / Re: Summer Olympics thread
« on: June 21, 2021, 05:18:07 PM »
gatlin is a really good story. came back from everything he did to beat bolt in his final race. and he's as old as I am.
Anyone else watching the US Track and Field Olympic trials? Justin Gatlin is 39 yo and still out there mixing it up! Also, Allyson Felix is going  to the Olympics for the fifth time.

Looks like an exciting new crop of mens and womens sprinters coming up for the red white and blue.

My whole family was locked in to this last night, it was awesome. Allyson Felix in that 400 was easily the highlight of the night. Felt sad for Gatlin, of course he looked like an old man in the final.

13
Kansas State Basketball / Re: TBT
« on: June 21, 2021, 05:15:36 PM »
Maybe tbt can have an offshoot 3-on-3 tournament with just Cartier, Curt, and Kam, with Marvin Clark off the bench, I always liked that guy.

14
The New Joe Montgomery Birther Pit / Re: The Biden (interim) Dictator
« on: June 21, 2021, 05:10:00 PM »
Such a dilemma. I spent years being pro withdrawal, then a couple of months ago I started seeing these Afghanis interviewed and saw and heard their panic in some cases, resignation of a return to Taliban rule in others, and now I've completely changed my mind.

15
the u.s. may be fortunate that j&j had production issues and then the vaccine pause on top of it, resulting in us barely using j&j vaccines domestically.


I wonder what the physical effect would be for someone to just ignore the fact they got the j&j and decided to also get a series of one of the RNA jabs.

16
The New Joe Montgomery Birther Pit / Re: tax poll
« on: June 21, 2021, 05:03:03 PM »
I guess I have to ask why this question is posed as a zero sum proposal.

because i didn't want to make 20 different options trying to account for every single poster's preferred tax policy.


afaik, right now we don't tax unrealized gains for any asset, at all, on the federal level.  i tried to make clear with my initial comment that if you want to preserve that distinction you should vote no, regardless of whatever other reforms you might like to enact instead and if you would favor making unrealized capital gains taxable in any way, even if it's just one asset class and only for the richest person in the country, you should vote yes.

Well, there's the lone yes vote.

17
I don’t really understand why these articles compare the taxes some rich guy paid to his net worth given that we don’t tax net worth.  I understand why the writers of the articles do it, but they are intentionally misleading.

Did you read part of it and take this away or did you just assume the premise of the article because that's not at all what they did. The point of the article is specifically the ways 25 specific people avoid paying taxes. Net worth is only used as a starting point because whomever leaked these documents used these people.

I'm sure ProPublica would have no problem reporting the tax rate on the top 25 reported incomes in America if they had that data, but that defeats the purpose given reported income is just income people are willing to claim for tax purposes or in the case of most Americans income they cannot legally hide for tax purposes.

18
The New Joe Montgomery Birther Pit / Re: tax poll
« on: June 21, 2021, 04:28:17 PM »
I guess I have to ask why this question is posed as a zero sum proposal. Even basic income has variance on what's taxable and what's not. I don't think Nana dropping $500 on Daimler-Chrysler is the same as some CEO taking a $56 million annual salary in stock options that can't be taxed but leveraged into no interest or low interest loans to purchase consumer goods.

20
The New Joe Montgomery Birther Pit / Re: The Biden (interim) Dictator
« on: June 21, 2021, 08:19:17 AM »

I think the drop for community colleges pre-pandemic is much more concerning than what happened during the pandemic. Community colleges were much less likely to offer a rich variety of online offerings. Community colleges enrollees are also more likely to not feel pressured to have to stay enrolled during the pandemic. They can work for a year and then just go back to school without feeling like they've missed something.

That decline before the pandemic indicates that as four-year tuition increases not many people are looking at two year schools as an option to at the very least get those gen ed credits out of the way, and that's very unfortunate. While I know this isn't much of an issue in some states Kansas, Iowa, Texas, and, California for most of the county community colleges are underfunded and still heavily stigmatized as if they are only old people in night school.

21
The New Joe Montgomery Birther Pit / Re: The Biden (interim) Dictator
« on: June 21, 2021, 02:19:34 AM »
I thought Biden said $400K? What is this 250 business?

I was speaking of the people most likely to come under scrutiny from an increased irs tax enforcement staff. That's actually likely to be families over $100,000 if we're being honest, really any regular Joe or Jane not taking the standard deduction.

22
The New Joe Montgomery Birther Pit / Re: The Biden (interim) Dictator
« on: June 21, 2021, 02:17:27 AM »
Agree, tax the everloving eff out of billionaires

Not even necessary, just eliminate tax avoidance. The tax rate, for the rich, is currently insignificant.

I don't know what the exact relationship is, but it is absolutely true that at the time boomers/gen x were paying so much less for college, rich people were paying WAY, WAY more in taxes.

The reason rich people paid more taxes back then: Democrats. The reason they no longer do: Republicans. D and R politics/policies on taxing the rich haven't changed direction since.

They are both equally responsible. Biden saying they would pump up the irs enforcement staff was a shot at the earners from $250,000 up but that will do nothing for the uber rich because their tax shelters are, for the most part legal, with semi-truck sized loopholes.

Well, look. You only get two choices. And only one side has people who are willing to something about that. The two sides are not equal on this issue. Not historically. Not now.

Dems don't get a pass because they're sitting on their asses not upsetting the apple cart hoping the issue will just fix itself. The party has consistently pushed non corporatists like Sanders and Porter to the fringes.

23
It’s not surprising, IMO. Buffet especially comes across as one of the most pragmatic public figures I can think of. Even if he thinks the tax policy is ridiculous he’s not going to pay in more than he’s required (especially into a hilariously inefficient system).

That out of the way it is laughable how little we have done to get a higher tax rate out of the super rich. I get the arguments about “you would only get $X out of it” but I don’t see that as a legitimate argument against something entirely common sense that has a net benefit on taxpayers.

What's crazy is the tax rate for the rich doesn't even need to be the least bit exorbitant, it just needs to exist and do so without loopholes, which isn't a thing right now.

The most frustrating thing about this is that a large majority of Americans either don't know, don't care, and/or completely tolerant of this. It's easy to point to and blame politicians for completely ceding power to the ultra wealthy, but it's us the taxpayers, the electorate, who allow this to happen. We could absolutely fix this. We can elect people of either party who insist on correcting it, but we haven't, we won't, and it's maddening that we allow these so few people dictate every single aspect of our fiscal policy.

24
The last two submissions are chef's kiss. Nic, is that ICT?

25
This is a couple of weeks old but this ProPublica piece about the uber rich in this country and how little they pay in taxes should have been all over the news, it was largely ignored, I have to think due to the overwhelming corporate ownership of news outlets.

https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax

Quote
No one among the 25 wealthiest avoided as much tax as Buffett, the grandfatherly centibillionaire. That’s perhaps surprising, given his public stance as an advocate of higher taxes for the rich. According to Forbes, his riches rose $24.3 billion between 2014 and 2018. Over those years, the data shows, Buffett reported paying $23.7 million in taxes.
That works out to a true tax rate of 0.1%, or less than 10 cents for every $100 he added to his wealth.

Quote
A spokesman for Soros said in a statement: “Between 2016 and 2018 George Soros lost money on his investments, therefore he did not owe federal income taxes in those years. Mr. Soros has long supported higher taxes for wealthy Americans.”

Quote
Our analysis of tax data for the 25 richest Americans quantifies just how unfair the system has become.

By the end of 2018, the 25 were worth $1.1 trillion.

For comparison, it would take 14.3 million ordinary American wage earners put together to equal that same amount of wealth.

The personal federal tax bill for the top 25 in 2018: $1.9 billion.

The bill for the wage earners: $143 billion.

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